Gulfstream Awarded Potential $594M Contract to Support US Military Airlift Missions

The U.S. Air Force has awarded Gulfstream Aerospace a potential seven-year, $594.4 million contract to continue logistics support for C-20 and C-37 aircraft fleets.

The General Dynamics (NYSE: GD) subsidiary said Wednesday it will help USAF, the Coast Guard and the Army transport senior military leaders and government officials.

Gulfstream added it will support long-range and medium-airlift logistics missions of the Navy and Marine Corps.

The Savannah, Ga.-based manufacturer has produced more than 2,800 planes for customers worldwide since 1958.

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